[ad_1] India’s consumer inflation took a sharp dive to 3.61% in February, slipping below the Reserve Bank of India’s (RBI) 4% target for the first time in six months, fanning hopes of another rate cut as early as April. The cooldown, down from January’s 4.26%, was powered by a rare drop in vegetable prices and […]
Why RBI’s latest liquidity boost is a big win for homebuyers – CNBC TV18
[ad_1] The Reserve Bank of India (RBI) has ramped up its efforts to address liquidity concerns, announcing that it will double the size of its open market operation (OMO) purchases to ₹40,000 crore for February 13—an increase from the previously announced ₹20,000 crore. This move follows the RBI’s decision to cut the repo rate by […]
RBI MPC Minutes: Economic slowdown warrants rate cut, argue two members – CNBC TV18
[ad_1] Two members of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), Nagesh Kumar and Ram Singh, called for a 25 basis point reduction in the repo rate to 6.25%, citing concerns over India’s slowing economic growth and softening inflation, the December MPC minutes showed. Company Value Change %Change The call comes as […]